Handicrafts — Bank Loan & Subsidy

Handloom Weaving Unit Project Report

Bank-ready handloom weaving project report — project cost ₹2–25 Lakh, CMA data, DSCR ≥ 1.50 and 5-year projections for PM Vishwakarma, PMEGP, MUDRA Kishor.

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About This Scheme

Starting a handloom weaving unit in 2025 requires a well-structured project report to secure a bank loan under schemes like PM Vishwakarma, PMEGP, or MUDRA Kishor. This page provides a detailed guide for entrepreneurs and CAs to prepare a bank-ready project report for a handloom weaving business (NIC 13111) with a project cost ranging from ₹2 lakh to ₹25 lakh. A robust project report includes CMA data, DSCR calculations, and 5-year financial projections, demonstrating viability to lenders. We cover typical costs (loom, yarn, working capital), machinery specifications, subsidy eligibility, and step-by-step documentation. Whether you are in Varanasi, Bhubaneswar, or any handloom cluster, this content helps you craft a report that meets bank requirements and increases loan approval chances.

₹2–25 Lakh
Typical Project Cost
13111
NIC Code
PM Vishwakarma
Best-fit Scheme
manufacturing
Segment
≥ 1.50
DSCR (bank norm)
60 seconds
Turnaround
PDF · Word · Excel
Formats
₹499 / report
Price

Eligibility & Target Beneficiaries

Handloom weaving units are eligible under PM Vishwakarma (for traditional artisans), PMEGP (for new entrepreneurs), and MUDRA Kishor (loans up to ₹5 lakh). The applicant must be an Indian citizen aged 18+ with a viable business idea. For PM Vishwakarma, the artisan must be engaged in traditional handloom work. No prior default on government loans. The business should be located in a handloom cluster or have access to raw materials and market. Banks prefer applicants with basic training (e.g., from Handloom Development Centres) and a clear repayment capacity.

Project Cost & Financing

Typical project cost for a handloom weaving unit: ₹2 lakh (2-4 pit looms) to ₹25 lakh (10-20 frame looms with accessories). Breakup: Machinery (looms, warping drum, bobbin winder) 40-50%, working capital (yarn, dyes, wages) 30-40%, and other costs (shed, electricity, marketing) 10-20%. Under PMEGP, subsidy is 35% for general (up to ₹10 lakh) and 50% for special categories. PM Vishwakarma provides 100% collateral-free loan up to ₹1 lakh (first tranche) and ₹2 lakh (second). MUDRA Kishor offers loans up to ₹5 lakh with no collateral. Bank finance covers remaining after subsidy/own contribution (10-20%).

Machinery & Equipment Required

Essential machinery: Handloom (pit loom or frame loom) – ₹15,000-₹50,000 each; Warping drum – ₹5,000-₹15,000; Bobbin winder – ₹2,000-₹5,000; Pirn winding machine – ₹3,000-₹8,000; Dyeing vat (if in-house) – ₹5,000-₹20,000. Additional: Jacquard attachment (for design) – ₹10,000-₹30,000. For a 5-loom unit, total machinery cost approx. ₹1.5-2.5 lakh. Ensure ISI-marked looms for quality. Used looms can reduce cost by 30-40%, but check condition. Suppliers: Handloom Development Centres, local fabricators, or online B2B platforms.

Documents Required for Bank Loan

1. Project report (as per bank format) with CMA data, DSCR, and 5-year projections. 2. KYC: Aadhaar, PAN, voter ID. 3. Proof of business address (rent agreement or ownership). 4. Quotations for machinery (at least 3). 5. Caste certificate (if availing SC/ST/OBC benefits). 6. Training certificate (if any). 7. For PM Vishwakarma: artisan registration certificate. 8. For PMEGP: project report approved by KVIC/DIC. 9. Bank statement of last 6 months (if existing account). 10. Two passport-size photos. Ensure all documents self-attested.

Step-by-Step Process to Get Loan

Step 1: Identify scheme – PM Vishwakarma (up to ₹3 lakh), PMEGP (up to ₹50 lakh), or MUDRA Kishor (up to ₹5 lakh). Step 2: Prepare project report – include cost, margin, working capital, and projections. Use bank's CMA format. Step 3: Apply online/offline – For PM Vishwakarma, visit Common Service Centre (CSC) or PM Vishwakarma portal. For PMEGP, apply through KVIC/DIC. For MUDRA, approach any bank. Step 4: Submit documents – as listed above. Step 5: Bank appraisal – officer may visit site. Step 6: Sanction & disbursement – loan credited in stages (machinery first, then working capital). Timeline: 30-60 days.

What Your Report Includes

Every report is formatted to the exact standards required by Indian banks and government departments.

  • Executive Summary with scheme-specific highlights
  • Promoter profile & KYC details
  • Business description & market analysis
  • Machinery & equipment list with quotations
  • Raw material & manpower planning
  • 5-year financial projections (P&L, Balance Sheet, Cash Flow)
  • CMA Data in IBA-approved format
  • Working Capital Assessment — Tandon Method II (RBI norms)
  • Loan repayment schedule with DSCR ≥ 1.25
  • SWOT analysis
  • Declarations & undertakings as per scheme guidelines

Eligibility Checklist

  • Anyone planning a handloom weaving in India
  • Valid Aadhaar & PAN
  • Eligible for PM Vishwakarma, PMEGP, MUDRA Kishor
  • Udyam (MSME) registration recommended
  • New or existing business
  • Premises with basic utilities
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A complete 14-section project report — the same document your bank officer will read. Every table below is real: the repayment schedule, the DSCR, the CMA workings, the balance sheet. Generate yours free, then pay ₹499 for the clean copy.

Project cost
₹10,00,000
Term loan sought
₹8,00,000
Promoter's margin
₹2,00,000 (20%)
Average DSCR
5.87 (norm ≥ 1.25)
Break-even
62% of Year-1 sales
Employment
3 existing + 3 new

Project Report

Sharma Electronics & Repair Services

Consumer electronics repair, servicing & spare-parts retail

Vaishali Nagar, Jaipur, Rajasthan

SchemeMUDRA Tarun
Loan applied for₹8,00,000
Total project cost₹10,00,000
ConstitutionSole Proprietorship

Submitted to the Branch Manager · Punjab National Bank, Vaishali Nagar, Jaipur

01

Executive Summary

Name of the unit
Sharma Electronics & Repair Services
Constitution
Sole Proprietorship
Promoter
Suresh Sharma (34 years)
Address of unit
Shop No. 12, Ground Floor, Vaishali Nagar, Jaipur — 302021
Nature of activity
Consumer electronics repair, servicing & spare-parts retail
NIC code
9521 — Repair of consumer electronics
Scheme applied under
Pradhan Mantri MUDRA Yojana — Tarun
Total project cost
₹10,00,000
Term loan requested
₹8,00,000 (80%)
Promoter's contribution
₹2,00,000 (20%)
Repayment
60 monthly instalments @ 10.50% p.a.

The unit has been in operation since 2019 and currently services 20–25 jobs a day from a 350 sq.ft. ground-floor shop, with a recorded customer base of 600+ households in the Vaishali Nagar catchment. The promoter proposes to expand the workbench capacity, add board-level diagnostic equipment and carry a spare-parts inventory so that 70% of repairs can be completed same-day instead of the present 3-day turnaround.

The project is assessed at a cost of ₹10.00 lakh, financed by a ₹8.00 lakh MUDRA Tarun term loan and ₹2.00 lakh of promoter's own contribution (20%). At the projected turnover the unit services its debt 5.87 times over on average, against the 1.25 minimum, and breaks even at 62% of Year-1 sales — leaving substantial cushion against a demand shortfall.

Recommendation: the proposal is technically feasible, commercially viable and financially sound. It is recommended for sanction of a term loan of ₹8.00 lakh repayable in 60 monthly instalments.

05

Project Cost

Cost of the project
ParticularsBasisAmount (₹)
Renovation & civil work200 sq.ft. additional area, electrical, ESD flooring1,20,000
Diagnostic & repair equipmentAs per quotations — Annexure IX2,40,000
Computers, software & service tools2 systems, billing software, tool kits80,000
Furniture, air-conditioning & display fixturesCounter, racks, 1.5 T AC60,000
Margin money for working capitalStock, receivables & operating cash5,00,000
Total project cost10,00,000

A 5% contingency is built into the civil and equipment estimates. All capital items are supported by three quotations each.

06

Means of Finance

Means of finance
SourceAmount (₹)% of project cost
Promoter's own contribution2,00,00020.00%
Term loan under MUDRA Tarun8,00,00080.00%
Subsidy / margin money grantNil
Total10,00,000100.00%

Promoter's contribution is held in Savings A/c No. XXXXXX4417 with Punjab National Bank, Vaishali Nagar (statement enclosed). Debt–equity at inception is 4.00 : 1, improving to 1.65 : 1 by the end of Year 1.

For PMEGP, PMFME, NABARD and state-subsidy proposals this section additionally carries the margin-money subsidy workings, the subsidy-adjusted repayment and a second DSCR computed net of subsidy.

07

Machinery & Equipment

Plant, machinery and equipment proposed
EquipmentQtyRate (₹)Amount (₹)
BGA rework station with preheater195,00095,000
Digital storage oscilloscope with probes145,00045,000
Universal IC programmer135,00035,000
Ultrasonic PCB cleaning unit122,00022,000
Soldering / desoldering stations38,00024,000
Precision tool kits & ESD workbench29,50019,000
Total2,40,000

Suppliers: Fine Tools India (Jaipur), Sagar Electronics (Delhi), Techno Instruments (Jaipur). Quotations enclosed at Annexure IX. Delivery within 30 days of sanction; installation by the supplier at no extra cost.

09

Profitability Projections (5 Years)

Projected profit & loss account (₹ in lakh)
ParticularsYear 1Year 2Year 3Year 4Year 5
Service & repair income24.0028.3232.5736.8041.22
Sale of spares & accessories9.6011.3313.0314.7316.49
Total revenue33.6039.6545.6051.5357.71
Cost of spares & materials (45%)15.1217.8420.5223.1925.97
Gross profit18.4821.8125.0828.3431.74
Salaries & wages6.727.267.848.479.14
Rent1.441.511.591.671.75
Power & fuel0.720.780.830.890.95
Repairs & maintenance0.300.330.360.390.42
Marketing & business promotion0.360.400.440.480.52
Administrative & miscellaneous0.600.660.720.780.84
Insurance0.120.130.140.150.16
Total operating expenses10.2611.0711.9212.8313.78
EBITDA8.2210.7413.1615.5117.96
Depreciation (WDV, as per IT Act)0.860.660.520.420.35
EBIT7.3610.0812.6415.0917.61
Interest on term loan0.780.640.480.310.11
Profit before tax6.589.4412.1614.7817.50
Income tax (as applicable)0.300.620.951.351.80
Profit after tax6.288.8211.2113.4315.70

Revenue grows 18%, 15%, 13% and 12% over the five years, against 22% achieved by the unit in the last audited year. Capacity utilisation moves from 72% to 91%; the projections do not assume any increase in service rates.

10

Repayment Schedule & DSCR

Loan amount
₹8,00,000
Rate of interest
10.50% p.a. (reducing balance)
Tenure
60 months
Moratorium
Nil
Equated monthly instalment
₹17,195
Total interest over the tenure
₹2,31,707
Year-wise repayment schedule (₹)
YearOpening balancePrincipal repaidInterestTotal outgoClosing balance
18,00,0001,28,40477,9372,06,3416,71,596
26,71,5961,42,55563,7872,06,3415,29,041
35,29,0411,58,26548,0772,06,3413,70,776
43,70,7761,75,70630,6352,06,3411,95,070
51,95,0701,95,07011,2722,06,341Nil
Total8,00,0002,31,70710,31,705
Debt service coverage ratio (₹ in lakh)
ParticularsYear 1Year 2Year 3Year 4Year 5
Profit after tax6.288.8211.2113.4315.70
Add: depreciation0.860.660.520.420.35
Add: interest on term loan0.780.640.480.310.11
Cash available for debt service (A)7.9210.1212.2114.1616.16
Principal repayment1.281.431.581.761.95
Interest0.780.640.480.310.11
Total debt service (B)2.062.072.062.072.06
DSCR (A ÷ B)3.844.895.936.847.84

Average DSCR over the tenure: 5.87. The minimum acceptable to banks is 1.25; the unit crosses that threshold even if Year-1 revenue falls 60% short of projection.

11

Balance Sheet & Cash Flow Projections

Projected balance sheet (₹ in lakh)
ParticularsYear 1Year 2Year 3Year 4Year 5
LIABILITIES
Capital account (net of drawings)4.087.5012.1117.7424.44
Term loan — long-term portion5.293.711.95
Term loan — current maturity1.431.581.761.95
Sundry creditors (30 days)1.261.491.711.932.16
Other current liabilities & provisions0.300.350.400.450.50
Total12.3614.6317.9322.0727.10
ASSETS
Net fixed assets4.143.482.962.542.19
Stock of spares (45 days)1.862.202.532.863.20
Sundry debtors (10 days)0.921.091.251.411.58
Cash & bank balance5.447.8611.1915.2620.13
Total12.3614.6317.9322.0727.10
Cash flow statement — Year 1 (₹ in lakh)
SourcesAmountApplicationsAmount
Profit after tax6.28Capital expenditure5.00
Depreciation0.86Increase in stock1.86
Increase in creditors & provisions1.56Increase in debtors0.92
Term loan drawn8.00Repayment of term loan1.28
Promoter's capital introduced2.00Drawings4.20
Closing cash & bank5.44
Total18.70Total18.70
12

CMA Data & Working Capital Assessment

Working capital is assessed under the Tandon Committee Method II, the basis used by banks for limits up to ₹5 crore. The workings below are drawn from the Year-1 projections above.

Maximum permissible bank finance (₹ in lakh)
ParticularsAmount
Stock of spares1.86
Sundry debtors0.92
Cash & bank balance5.44
Total current assets (TCA)8.22
Sundry creditors1.26
Other current liabilities & provisions0.30
Current maturity of term loan1.43
Other current liabilities (OCL)2.99
Working capital gap (TCA − OCL)5.23
25% of TCA — stipulated margin2.06
Maximum permissible bank finance (Method II)3.18

No cash-credit limit is sought in this proposal; the assessment is presented because bank officers ask for it. Were the limit of ₹3.18 lakh availed, the current ratio would stand at 1.33 — above the 1.25 stipulated by IBA.

CMA statements included in the full report

  • Form I — particulars of existing and proposed limits
  • Form II — operating statement (actuals and projections)
  • Form III — analysis of the balance sheet
  • Form IV — comparative statement of current assets and current liabilities
  • Form V — computation of maximum permissible bank finance
  • Form VI — fund flow statement
  • Ratio analysis and holding-period statement
13

Key Ratios, Break-Even & SWOT

Key financial indicators
RatioYear 1Year 2Year 3Year 4Year 5Bank norm
Current ratio2.753.263.874.519.36≥ 1.25
Debt–equity ratio1.650.710.310.11Nil≤ 3.00
DSCR3.844.895.936.847.84≥ 1.25
Net profit margin18.7%22.2%24.6%26.1%27.2%
Interest coverage9.415.826.348.7160.1≥ 2.00
Break-even analysis — Year 1 (₹ in lakh)
ParticularsAmount
Fixed costs (salaries, rent, admin, depreciation, interest)10.88
Variable costs (materials, power, maintenance)16.14
Contribution (revenue − variable costs)17.46
P/V ratio51.96%
Break-even sales20.94
Break-even as % of Year-1 revenue62.3%
Cash break-even as % of Year-1 revenue57.4%

Strengths

  • Nine years of promoter experience in the same line of activity; the unit is already running and profitable.
  • Only board-level repair capability in a 3 km catchment of 12,000 households.
  • 85% repeat customers — revenue is recurring rather than one-off.
  • Low fixed-cost base; the shop is rented at ₹12,000 a month with no owned-premises burden.

Weaknesses

  • Technical dependence on the proprietor for complex board-level work.
  • Informal book-keeping to date; a computerised billing and stock system is part of this project.
  • Brand recognition limited to the immediate locality.

Opportunities

  • Right to Repair framework improving access to genuine spares for independent repairers.
  • About 3,000 new households entering the catchment within 1 km.
  • Institutional tie-ups — schools, clinics and offices for annual maintenance contracts.

Threats

  • An authorised brand service centre opening within the catchment.
  • Import-duty-led increases in spare-parts prices.
  • Attrition of trained technicians to larger service chains.
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Frequently Asked Questions

What is the cost of a handloom weaving?

A typical handloom weaving project costs ₹2–25 Lakh depending on scale, location and machinery. The report breaks down land/building, machinery, working capital and pre-operative costs.

Which scheme & how much loan for a handloom weaving?

PM Vishwakarma, PMEGP, MUDRA Kishor are commonly used. Banks fund ~75–90% of project cost as term loan + working capital.

How do I get the handloom weaving report?

Register free, pick the scheme & loan amount, and the full bank-ready report is drafted for you (CMA data, DSCR, 5-year projections) in under 60 seconds. First report free; clean exports ₹499.

What is the typical project cost for a handloom weaving unit?

Project cost ranges from ₹2 lakh to ₹25 lakh depending on scale. A small unit with 2-4 looms costs around ₹2-5 lakh, while a larger unit with 10-20 looms and accessories can cost up to ₹25 lakh. Cost includes machinery, working capital for yarn and wages, and other overheads.

Which government scheme is best for handloom weaving business?

PM Vishwakarma is best for traditional artisans with loans up to ₹3 lakh (collateral-free). PMEGP offers higher subsidy (35-50%) for new entrepreneurs with project cost up to ₹50 lakh. MUDRA Kishor is suitable for loans up to ₹5 lakh with minimal documentation. Choose based on your scale and eligibility.

Do I need collateral for a handloom weaving loan?

Under PM Vishwakarma and MUDRA Kishor (up to ₹5 lakh), loans are collateral-free. For PMEGP, loans up to ₹10 lakh generally do not require collateral; above that, collateral may be needed. CGTMSE coverage is available for loans up to ₹2 crore for MSEs, but handloom units typically fall within collateral-free limits.

How long does it take to get a bank loan approved?

Typically 30-60 days from application to disbursement. Time depends on scheme – PM Vishwakarma (faster, via CSC), PMEGP (requires DIC approval, 4-6 weeks), MUDRA (2-4 weeks). Ensure complete documentation and a well-prepared project report to avoid delays.

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